Moody’s Corporation (NYSE:MCO) completed its acquisition of Cortera, a provider of North American credit data and workflow solutions.
The amount of the deal, announced on February 10, 2021, was not disclosed.
The acquisition enhances Moody’s integrated risk assessment capabilities and extends its coverage in the small and medium enterprise segment. Cortera augments Moody’s extensive Orbis database of private company information and enhances its know-your-customer, commercial lending, and supply chain solutions.
Moody’s (NYSE:MCO) is a global risk assessment firm which provides organizations with data, analytical solutions and insights to enable decision-makers to identify opportunities and manage the risks of doing business with others. It has over 11,400 employees in more than 40 countries.